Intel stock jumps 8% on report of 10% CPU price rise

Intel shares climbed 8% on Tuesday after a Taiwan-based technology publication, citing unnamed sources, reported the company is considering a 10% increase in central processing unit prices beginning in early October. The report said the planned hike would follow earlier price increases that began at the end of 2025.

Investors pushed the stock higher on the news. The potential change arrives amid industry expectations that the broader personal computer market could contract next year and amid higher supply-chain costs for components.

Intel has reported rising costs for memory chips and other parts, driven in part by demand from artificial intelligence customers. In April, the company warned that those higher costs could reduce the overall PC market by a low double-digit percentage.

If implemented, higher CPU prices would offset some of the added component costs. Jukan Choe of Citrini suggested the reported pricing consideration indicates a greater emphasis on gross-margin expansion rather than pursuing additional market share. Gus Richard of Northland upgraded Intel to Outperform from Market Perform, citing “material progress” in the company’s turnaround and noting the company could continue to benefit from a persistent server CPU shortage. Richard also pointed to Intel’s partnership with Tesla on the Terafab semiconductor initiative as a potential boost to the foundry business.

Separately, Intel and Dutch equipment maker ASML said they have deepened a multiyear collaboration on High Numerical Aperture extreme ultraviolet lithography, known as High NA EUV. Intel reported more than 1 million wafers have been processed using High NA EUV equipment, covering testing, development and production of certain layers used in its Core Ultra Series 3 processors, codenamed Panther Lake.

Intel reported that High NA EUV machines are meeting expectations for accuracy, production speed and availability. The company added that chips manufactured using the technology on its 18A process are matching or exceeding the performance of comparable layers produced with existing EUV tools. ASML Chief Executive Christophe Fouquet described Intel as “one of the key leaders of the industry’s adoption of High NA,” and highlighted the company’s role in bringing the technology into commercial production.

Industry roadmaps show Samsung plans to introduce High NA for DRAM by 2028, while Taiwan Semiconductor Manufacturing Co. is expected to deploy the technology for advanced chips around 2030.

The reported pricing plan, progress in advanced manufacturing and potential foundry opportunities come as Intel works to improve financial performance while managing higher component costs and shifting demand across the semiconductor market.